Mercer

“The difference between Mercer and Wilshire's manager research, I don't think it's that, that valuable. Asset allocation, for the most part, everyone uses the same modern portfolio theory.”

“For a larger than average co-investment, we typically have More than one consultant often will have two or three, an industry expert, a banker, and sometimes a private equity sort of fund consultant, like a pathway or a step stone, and they're hugely helpful t…”

“Roughly 80 of those are sub two billion in AUM today on that list. A little more than two dozen of those, I think, are below five hundred million in AUM.”

“We have around 44 offices globally. It's almost 5000 professionals. We've got 2500 clients that we provide advice to in one shape or form, and over 1800 that seek our help either on a bespoke basis, part of a total portfolio, traditional or alt assets for impl…”

“We've seen the pass-through cost structure eat away at investor returns, so now I think on average the end investor is keeping around maybe 45% of the gross return”

“There's 35 members on the hedge fund team across the globe, US, Europe, Asia. On average, we take in excess of over 800 meetings a year. Roughly a third of those is spent on new opportunities or new ideas that are coming to market.”

“I think of the 240 today, a little more than 50 came onto our approved list within the first two years of their life.”

“One element we do like is we do like to skew towards the smaller managers of each sector or asset class. Smaller growth equity managers, smaller early stage managers, smaller mid-stage, because we want to begin a relationship that we can grow over time with th…”

“There's approximately 240 hedge funds on that list today. Frankly, larger than we would prefer, but at any point in time, 20 to 30% of those are closed due to capacity issues.”

“We believe that roughly 80% of the questions that say an insurer is concerned about within their alternatives portfolios, we can probably answer that quite systematically. There's always 20% you have to really answer on a bespoke basis, but really trying to th…”

“I think credit and macro are the two areas that we are most excited about moving forward.”

“We would have a portfolio of probably 25 to 35 private equity managers, and your venture portfolio could be anywhere between 10% of that to 50%, depending upon the client.”

“At the moment, we're looking at more of a Barbell strategy, that very early stage and true growth, which I believe is the growth that is using to fuel extra sales. Technology risk is out. The mid-stage, we're at a little bit of a risk area right now because we…”

“We've got specialty advice and implementation capabilities underpinned by research across private equity, private debt, infrastructure, real estate, and hedge funds. And actually they're each about 20% of our AUM.”